Civic Intelligence

Forest Charter School

990 • Fiscal year 2017 • EIN 45-4822385

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 17, 2018

470 Searls AvenueNevada City, CA 95959

(530) 265-4823

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.09x

Higher debt load relative to assets than 40% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

31st percentile

-1.8%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$164,801

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

29th percentile

-1.3%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

-0.4%

Faster revenue growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,798,102

Down $36,956 (-1.3%) from 2016

Net Assets

Down

$2,540,231

Down $125,379 (-4.7%) from 2016

Liabilities

Up

$257,871

Up $88,423 (+52%) from 2016

Revenue

Down

$6,907,326

Down $30,519 (-0.4%) from 2016

Expenses

Up

$7,032,705

Up $245,867 (+3.6%) from 2016

Net Income

Down

-$125,379

Down $276,386 (-183%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $2,717,580Liabilities 2013: $171,483Net Assets 2013: $2,546,0972013Assets 2014: $2,623,736Liabilities 2014: $125,798Net Assets 2014: $2,497,9382014Assets 2015: $2,603,534Liabilities 2015: $88,931Net Assets 2015: $2,514,6032015Assets 2016: $2,835,058Liabilities 2016: $169,448Net Assets 2016: $2,665,6102016Assets 2017: $2,798,102Liabilities 2017: $257,871Net Assets 2017: $2,540,2312017Assets 2018: $2,164,062Liabilities 2018: $269,453Net Assets 2018: $1,894,6092018Assets 2019: $2,067,486Liabilities 2019: $245,136Net Assets 2019: $1,822,3502019Assets 2020: $2,809,011Liabilities 2020: $782,134Net Assets 2020: $2,026,8772020Assets 2021: $2,876,225Liabilities 2021: $809,983Net Assets 2021: $2,066,2422021Assets 2022: $4,450,285Liabilities 2022: $2,189,540Net Assets 2022: $2,260,7452022Assets 2023: $5,997,179Liabilities 2023: $3,699,140Net Assets 2023: $2,298,0392023Assets 2024: $6,067,992Liabilities 2024: $3,406,962Net Assets 2024: $2,661,0302024

Highlighted filing

2017

Assets$2,798,102
Liabilities$257,871
Net Assets$2,540,231

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2013: $5,290,798Expenses 2013: $4,478,191Net Income 2013: $812,6072013Revenue 2014: $4,890,211Expenses 2014: $4,938,370Net Income 2014: -$48,1592014Revenue 2015: $5,757,629Expenses 2015: $5,740,964Net Income 2015: $16,6652015Revenue 2016: $6,937,845Expenses 2016: $6,786,838Net Income 2016: $151,0072016Revenue 2017: $6,907,326Expenses 2017: $7,032,705Net Income 2017: -$125,3792017Revenue 2018: $7,038,887Expenses 2018: $7,684,509Net Income 2018: -$645,6222018Revenue 2019: $7,807,634Expenses 2019: $8,011,535Net Income 2019: -$203,9012019Revenue 2020: $8,541,643Expenses 2020: $8,337,116Net Income 2020: $204,5272020Revenue 2021: $8,437,100Expenses 2021: $8,413,875Net Income 2021: $23,2252021Revenue 2022: $9,122,129Expenses 2022: $8,927,626Net Income 2022: $194,5032022Revenue 2023: $10,341,309Expenses 2023: $10,304,015Net Income 2023: $37,2942023Revenue 2024: $11,638,861Expenses 2024: $11,275,870Net Income 2024: $362,9912024

Highlighted filing

2017

Revenue$6,907,326
Expenses$7,032,705
Net Income-$125,379
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 17, 2018
Return Version
2016v3.0
Gross Receipts
$6,907,326
Mission and Program Overview

Mission

Forest Charter School(FCS) is committed to nurturing the love of learning in all students through parental choice in education. By cultivating a staff of dedicated personnel, Forest Charter School pledges an ongoing and expansive environment of educational excellence. The cornerstone of our Personalized Learning Program is positive collaboration on the part of students, parents and professional educators. The ultimate mission of FCS is to honor the student's individual learning style through parental options in the selection and implementation of effective curriculum to prepare him/her for success in the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,464,987$2,475,791▲ $10,804
Accounts Receivable$286,927$241,699▼ $45,228
Prepaid Expenses and Deferred Charges$29,405$27,264▼ $2,141
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,835,058$2,798,102▼ $36,956
Other Assets Total$53,739$53,348▼ $391
Liabilities
Accounts Payable and Accrued Expenses$169,448$257,871▲ $88,423
Total Liabilities$169,448$257,871▲ $88,423
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,633,605$2,510,367▼ $123,238
Permanently Rstr Net Assets$32,005$29,864▼ $2,141
Total Net Assets Fund Balance$2,665,610$2,540,231▼ $125,379
Total Liabilities and Net Assets / Fund Balance$2,835,058$2,798,102▼ $36,956
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter SagebielCEOFT$139,079$25,722$164,801
Debbie CarterCFOFT$105,904$14,324$120,228
Tita FowlerSecretaryFT$51,060$8,448$59,508

Board Members and Trustees

NameTitle
Dan ThiemParent Chair
Erin McCarthyParent Rep.
Jennifer SheffoParent Rep.
Julie CoffinParent Rep.
Shelly RoseParent Rep.

Highest Paid Contractors

ContractorServicesLocationCompensation
Nevada County Charter SVS AuthoritySpec.Education117 New Mohawk Rd, Nevada City, CA 95959$671,498
Nevada County Suptof SchoolsOversight/Bus Svcs112 Nevada City HWY, Nevada City, CA 95959$304,762
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,853,665
Investment Income
$26,292
Other Revenue
$27,369
Change in Net Assets
$-125,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,809,152
Other Expenses$2,223,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,111,182$345,687-$3,456,869
Other Employee Benefits$950,616$105,624-$1,056,240
All Other Expenses$455,587$50,621-$506,208
Other Expenses$274,059$30,451-$304,510
Current Officers, Directors, Trustees, and Key Employees$266,439$29,604-$296,043
Insurance$18,796$2,088-$20,884
Advertising$16,003$1,778-$17,781
Total Functional Expenses$6,329,435$703,270$0$7,032,705
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form is reviewed before filing during open session of Board meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Form 700-Annually

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

A comparison done with the similar schools through the APLUS organization.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

A comparison done with the similar schools through the APLUS organization.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available at school business office and/or school website.

Filing and Contact Details

Filer

Filer Name
Forest Charter School
EIN
45-4822385
Phone
5302654823
Address
470 Searls Avenue, Nevada City, CA 95959

Signing Officer

Name
Debbie Carter
Title
CFO
Signed
2018-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Sagebiel
Formed
2011
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
5
Employees
121
Volunteers
200

Preparer

Firm
Scinto Group LLP
Address
PO Box 1797, Grass Valley, CA 95945
Preparer
David Scinto
Phone
5302733200
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0105624
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0950616
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01056240
IRS990/OtherExpensesGrp/Desc0Subagreements for Services
IRS990/OtherExpensesGrp/Desc1Professional Services
IRS990/OtherExpensesGrp/Desc2Rent,Leases, Repairs
IRS990/OtherExpensesGrp/Desc3Business Svcs and Oversight
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061872
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138003
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt237542
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt330451
IRS990/OtherExpensesGrp/ProgramServicesAmt0556846
IRS990/OtherExpensesGrp/ProgramServicesAmt1342027
IRS990/OtherExpensesGrp/ProgramServicesAmt2337880
IRS990/OtherExpensesGrp/ProgramServicesAmt3274059
IRS990/OtherExpensesGrp/TotalAmt0618718
IRS990/OtherExpensesGrp/TotalAmt1380030
IRS990/OtherExpensesGrp/TotalAmt2375422
IRS990/OtherExpensesGrp/TotalAmt3304510
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027369
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027369
IRS990/OtherRevenueTotalAmt027369
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0345687
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03111182
IRS990/OtherSalariesAndWagesGrp/TotalAmt03456869
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt032005
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt029864
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029405
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027264
IRS990/PrincipalOfficerNm0Peter Sagebiel
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0School Service Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06853665
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06853665
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019982
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02219156
IRS990/PYProgramServiceRevenueAmt06917863
IRS990/PYRevenuesLessExpensesAmt0151007
IRS990/PYSalariesCompEmpBnftPaidAmt04567682
IRS990/PYTotalExpensesAmt06786838
IRS990/PYTotalRevenueAmt06937845
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-125379
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06853665
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0139079
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025722
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Peter Sagebiel
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0164801
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form is reviewed before filing during open session of Board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 700-Annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A comparison done with the similar schools through the APLUS organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A comparison done with the similar schools through the APLUS organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available at school business office and/or school website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02633605
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02510367
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02835058
IRS990/TotalAssetsEOYAmt02798102
IRS990/TotalAssetsGrp/BOYAmt02835058
IRS990/TotalAssetsGrp/EOYAmt02798102
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt0121
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0703270
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06329435
IRS990/TotalFunctionalExpensesGrp/TotalAmt07032705
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0169448
IRS990/TotalLiabilitiesEOYAmt0257871
IRS990/TotalLiabilitiesGrp/BOYAmt0169448
IRS990/TotalLiabilitiesGrp/EOYAmt0257871
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02665610
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02540231
IRS990/TotalOtherCompensationAmt048494
IRS990/TotalProgramServiceExpensesAmt06329435
IRS990/TotalProgramServiceRevenueAmt06853665
IRS990/TotalReportableCompFromOrgAmt0296043

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$3.41$2.66$11.6$11.3$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.00$3.70$2.30$10.3$10.3$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$2.19$2.26$9.12$8.93$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.81$2.07$8.44$8.41$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.78$2.03$8.54$8.34$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.25$1.82$7.81$8.01$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.27$1.89$7.04$7.68$0.65
2017Detailed filing. Detailed filing data is available for this year.$2.80$0.26$2.54$6.91$7.03$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.84$0.17$2.67$6.94$6.79$0.15
2015Detailed filing. Detailed filing data is available for this year.$2.60$0.09$2.51$5.76$5.74$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.62$0.13$2.50$4.89$4.94$0.05
2013Summary only. Only limited summary data is available for this year.$2.72$0.17$2.55$5.29$4.48$0.81